Souyute Group Co.,Ltd. Posted 125.6 Million Yuan Net Loss in First Quarter of 2023

Souyute Group Co.,Ltd. (搜于特集团股份有限公司) (002503.SZ) reported a net loss of 125.6 million yuan in the first quarter of 2023, narrowing 3.6% year-on-year.

Meanwhile, the company posted 79.3 million yuan in revenue, down 84.9% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 142%.